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overseas. in terms of our foreign policy. if we need to keep doing that and we have to keep doing it. we have to tell the american people how bloody and how long this war is going to be. this has nothing to do with gender equality or elections. it has to do with waging war against people believe to be interfering with their land and their faith. lou: thank you both for being with us. >> thank you, sir. lou: up next, the markets recover after yesterday's massive sell-off. we will show you why here next. ♪ @ ♪ lou: stocks recovered from the biggest 1-day sell-off of this year on encouraging news on housing. joining us now, a senior u.s. economist for deutsche bank securities. this is a pretty impressive performance today. is it convincing enough hat we are going to see more strength on the days ahead? >> it certainly has been impressive as a performance. i think a lot of the movement we saw today was just to recover from the massive sell-off yesterday when the news of the tragedy in boston struck. stocks went into a sharp nosedive. the news that it was a relatively limited event
. and yet promoting human rights isn't a foreign policy, and it's not a foreign policy priority simply because it's the right thing to do. it's time to our own security. it's tied to the possibilities of prosperity and of nations living by rule of law and of nation's living in peace. countries where strong human rights prevail our countries where people do better, economies thrive, rule of law is stronger, governments are more effective and more responsive, and they are countries that lead on the world stage and project stability across their regions. strong respect for human rights isn't merely an indicator that a country is likely doing well. it actually unleashes a countries potential, and it helps to advance growth and progress. so i ask you just to think of the country like burma for a minute. because of steps towards democratic reform and stronger human rights protections, a country that had been isolated for years is now making progress. as it reached where we wanted to be? know, but it's on the road. it's moving. and more people are contributed economy and participating in the
's investment in foreign-policy is national security insurance. there is nothing foreign about foreign policy anymore. smartcan make the small,. w vestments upfront and avoid more costly conflicts and greater burdens down the road. , we'vepast few months seen developments underscore the state -- stakes for having a strong and -- strong american presence in the world. that was a positive step toward stability in the volatile region of the world where we need partnerships. the committee is more than immersed in suyyruiaia. we have treated millions to humanitarian relief -- we have provided millions to humanitarian relief. i expect we will talk about syria somewhat today. having returned from beijing and north koreathe issue took center stage, we are reminded once again that america is the guardian of global security. we should be proud of that. one not turn our back on keys nor will we hesitate what we need to do to defend our allies. if budget is an analyst patient of our values and priorities -- this budget is an illustration of our values and priorities. i have a record of wanting to do defi
remarkable. i read sometimes left-wing authors who think america's foreign policies this steaming economic thing to grab every spare penny anywhere to be found in the world. that's implemented by certain aspects of our policy at the state department and the diplomats generally are quite insistent on this vote they assume america has the strongest economy in the world and always will have the u.s. does need to maintain serious commercial services the way foreign countries do that promote or exports abroad. they sort of do but there is no comparison to other nations which view protecting their export interest as a key goal of their diplomats abroad so yeah you're basically right on that. >> hi. it's nice to see you. my question is concerning foreign american investments. so in her book -- claimed that between 1988 to 2008 the u.s. government took nearly 2000 proposal applications for business in the united states so as you know the government can give more tax revenue so do you support full investment and what do you think about it? thank you very much. appreciate it. >> okay. the standing i
issues in difficult american foreign policy. when do we get involved in an atrocity going on within someone else's country. that's a very tough question. would we have intervened in germany in 1938 if we knew what was going on. i think we all like to say we we d have and if we could, would have stopped it. it presupposes and the implication is we have a right do that anywhere in the world if there's an atrocity going on. that a u reflect on little bit? >> thank you, senator. defined one t significant kpant issue -- of militaryal basis intervention in the country. certainly every nation has a themselves in t their own history of self-defense. but to answer your question, you of the dimensions of his that you laid out, as did amplify on psey who cuts back ations and on the quell, when do we do this. what basis? we canthere a frame work follow? y answer is you start with the realities. these are both imperfect different situations. out, i dempsey laid think, rather clearly some of he dimensions of each of the countries in that region. self-interest. you have others who have self-inter
this a critical component of his foreign-policy. >> secretary, has been interest expressed in broadening cooperation with the u.s. the on the border. what kinds of new initiatives or programs can we expect along the road? after the 9/11 attacks, secretary kerry, some countries in latin america saw that the relationship with them was put in the back burner for several years. do you anticipate this event in boston could derail your intends to reach out to the region? >> we have agreed to enlarge our agenda. we are going to be talking about initiatives that have to do with high-level engagement. we will be talking and we will find a mechanism to continue to talk in terms of education and research innovation. those issues and the structure around them will be set in the agendas and talks set by president obama. >> the answer is profoundly, yes. i intend to, personally. i had intended to try to travel to the region next week, but because of the events of this week and because of some other things happening, i've had to postpone that temporarily. i will be getting to the region very shortly. p
foreign policy. and there's no disagreement about that in my country, that parliament passed last year unsl a policy, a resolution which def the icelandic objectives in the arctic. so together with the other countries, we hope to play a constructive part, and evidence of this was that a few months ago, one of our april civil servants and officials was chosen as the first director general of the secretary of the rctic council. >> the icelandic is coming out of financial turmoil. what would you consider the future of the krona, and are you at all considering any alternative currency for iceland? >> i think it's a positive indication of how we have moved out of the financial crisis, but i can come here to the national press club, and only when six minutes are left, i get that question orkt financial issue. nobody would have believed that four or five years ago. but that is the state of co together again and talk about how we recovered from the financial crisis and how we dealt with the crisis in a different way from many oer countries, how we did not follow the established orthodoxies of
is a wonderful country, but by the way, it make -- look, if you look at foreign policies, you can see europe is as it is and germany, and ask what we never can do because we have the history of france. italy, for superran integration at well but without france it will never. so, of course i would prefer to have the stronger position of france, but by the way, i am optimistic that they will say -- the are doing a lot of making reforms, as they implemented some -- make a lot of decisions. they would not have -- cut expenditures, deficit by cutting expenses, and relation is two-thirds cutting and one-third -- maybe you can send from one from the negotiation team to palace to help, and overcome the different position. uk would have been better from the very beginning if uk would have combine itself as part of the european continent, but they didn't. but of course, mentioned continental europe. not uk. if you look at -- we have situation -- at if you look at e situation properly, and has to be careful. i think it's -- my -- the more we succeed in our common european -- the sooner uk can join. the
pillar of our 21st century foreign policy. there's no disagreement about that in my country. the parliament passed last year anonymously a policy resolution which defined the icelandic objective in the arctic. so together with the other nordic countries we hope to play a constructive part and evidence of this was that few months ago one of our april servant was the first director general of the secretary of the arctic. >> several currency questions. the icelandic money is coming out of financial turmoil. what would you consider the future of the money? and are you considering any alternative currency for iceland ? >> i think it's a positive indication of how we have all dealt with the financial crisis. i can comment on the national press club only six minutes are left and i get that question. [laughter] of the financial issues. nobody would believe that for a five years ago. without in state of affairs we could perhaps come together again and talk about how we're the financial crisis and how we dealt with a crisis in a different way from many other countries. how we did not
overall policy of how is the foreign affairs budget, the state department budget would be prioritize in the entire region as opposed to just focusing on one country since they seem to be working together ever before? >> well, thank you very much, congressman meeks. i am very, very hopeful. i am planning a trip shortly to both colombia and brazil and other countries hopefully as time permits. we've had some issues, obviously, with argentina over some debt issues, repayment, so forth, which we need to work through. but, look, western hemisphere is our back yard. it's critical to us. too often countries in the western hemisphere think that the united states doesn't pay enough attention to them and on occasion it's probably been true. i think we need to reach out vigorously. we plan to. the president will be traveling to mexico very shortly. other -- i can't many countries. he will be going. i will be going, other high-level visits. we'll try to do everything possible to try to change the attitude of a number of nations where we've had obviously sort of a breach in the relationship ove
right or wrong, you'll never get in trouble. if you want to be critical of foreign policy because you belief, as a citizen -- remember, we have a thing called the constitution. all men are created equal. everybody, at least from the beginning, white, male, 2 1, with property, could vote. since then we've expanded -- well, i'm not being sarcastic because in terms of the world to have any white male who was sovereign, that we were sovereign. the american revolution declared the people sovereign rather than a king or queen. you couldn't have a king or queen taking your land away because they had finch it to you through sovereign rights. so if every citizen has a right to say what they should or should not do in our government, we would think we could respect that, and yet at the very beginning of the iraq war, when susan sarandon and tim robbins spoke out against the war, they had their invitation to talk to the baseball hall of fame withdrawn. and right after that i had a crew from fox news come to my house to interview me, because i don't go to the studios anymore. they want me? they
think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has seen a lot of liquidity expansion. first from the fed and then lastly from the bank of japan. and combined with the renewed commitment from the ecb to protect the euro, this has depressed yields to these kind of levels. i think it's difficult to see us going dramatically further. and if anything, strategically, we think that the three major problems in europe, the recession, inconsistent crisis management and rising political and social backlash against austerity are likely to come through and that leaves spain and italy very vulnerable to a sharp increase in yields. we're looking, for example, for 10-year
is not an investment but an insurance policy against the collapse of the dollar. when your cost of insurance goes down, it means you're healthier. the chicken little scenario, larry, we run trillion-dollar deficits, borrow half from foreigners, they'll stop lending us money or at least not at low rates and we'll crash. now, that's not going to happen. because of the energy boom, we're going to have the first trade surplus in a generation by 2020, as things are going. and that means we can finance things deficits as far as the eye can see. doesn't mean the economy isn't weak. we will have a deficit. the good news is, our credit is going to be good. the rest will keep lending us money at low interest rates and that's a big plus for the stock market. >> peter schiff, an interesting take that david goldman has used and i've given him a hat tip for it. energy independence, we don't have to import from the saudis other other people, the trade baume' go into surplus. that would be good for the dollar and that in turn would really crush gold. that's a strong dollar, not the volcker way, peter, as you pointed
on foreign relations, previously was a project director for the 2009 independent task force on u.s. immigration policy and previously worked at the financial times with the washington bureau chief there. from norths us now branford, connecticut on our independent line. caller: good morning. i am in disagreement with your guest. he says there is no problem on immigration. watched c-span and heard the calls come in about immigration yucca guest: -- host: they are against immigration? let's let him give his take on the immigration issue. talkinge have been about the boston issue. that is a screening history. there is a broader issue of immigration reform in washington. we have an 840 four page bill drawn up by the so-called gang of eight. hearing in the senate judiciary committee today. this is a big bill and raises issues far beyond the boston bombings. if you actually look at public opinion polls, most americans either say we have enough immigration now, or somewhat too much. it is a small minority of americans calling for more immigration. generally, americans are happy with the
things that thatcher government did was scrap foreign exchange controls when it came to power in the late 1970s. so absolutely. privatization, eventual greater competition within the previously owned government sectors was a big plus. and obviously one contentious p policy was power between employers and trade unions. arguably now the u.k. has a much better industrial relations record than it did before 1979. >> you have to remember though in the '70s, you and i were doing our homework by candlelight when we had a three-day week. it did need rebalancing from that point of view. takes those lessons from those micropolicies which were successful whether there's some lessons today that need to be drawn by this current government because they are trying to kick-start wider only ownership but thatcher gave people the right to own their own homes but they had to qualify for mortgage on affordable income. >> that's one thing which the thatcher government did particularly in the early to mid 1980s. the big liberalization financial markets. scrapping of competition and credit control happened a lo
incentive to buy many of the things is rising sharply, including foreign bonds. and i think certainly the strength of some of the so-called core markets in europe, like france, for example, the past few weeks, probably greatly are due to the shift in japan's policies and maybe it's also starting to shift a bit into the periphery. against the background of the ecb from what i can see preparing the grounds for possible further move of monetary expansion themselves. >> right. yeah. >> so the peripheral narrowing makes a lot of sense. german yields are at such low levels, i wouldn't want to be rushing to put some of the o'neill trust in there. i think the spread timing going on with it makes a bit of sense. >> it's just interesting, as you say, tu look at what japan is doing and the attention shifting now to not just what they hope to achieve, but whether they'll actually be able to accomplish it. after averaging 0.6% deflation for the last couple of decades, are they going to hit 2%? is there, you know, a reason why people here, after the rallies that we've seen, should be a little bit m
to be critical of foreign policy because you believe as a citizen we have a thing called the constitution. all men are created equal. everyone from the beginning white, male. since then we've expanded. i'm not being sarcastic because in terms of the world to have any white male who is sovereign, the american people declared it rather than a king or queen. you couldn't of a king or queen taking your land away because they had given it to use your sovereign rights of everyone has a right to say what they should or should not do in our government we should expect that and yet at the beginning of the iraq war map when they spoke out against the war they had their invitation to talk to the baseball hall of fame and right after that i had a crew from fox news come to my house to interview me because i don't come to the studio anymore. if they want me they can come to my house. the first question the reporter susan sarandon onu think tim traders'. i turned to her and i said when did i stop beating my life. we want to let you know how this plays out we went on the air and i tried to explain how every
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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